Praziland is one of the five countries in a free trade area (FTA). In this case, which of the following is likely to be true of the FTA?

A. The members of the FTA will not engage in trade with the nonmembers.
B. Each member of the FTA will maintain similar trade policies with nonmembers.
C. The members of the FTA will remove trade barriers among themselves.
D. The FTA will permit the free movement of goods and people from nonparticipants.


Answer: C

Business

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